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NAPCO SECURITY TECHNOLOGIES, INC — Director's Dealing 2023
Feb 24, 2023
31906_dirs_2023-02-24_0afef7f3-3442-4fe9-bfa6-135f2b03f2d7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NAPCO SECURITY TECHNOLOGIES, INC (NSSC)
CIK: 0000069633
Period of Report: 2023-02-23
Reporting Person: BUCHEL KEVIN S (Director, Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-23 | Common Stock | M | 2000 | $4.375 | Acquired | 101829 | Direct |
| 2023-02-23 | Common Stock | F | 275 | $31.86 | Disposed | 101554 | Direct |
| 2023-02-23 | Common Stock | M | 3200 | $7.345 | Acquired | 104754 | Direct |
| 2023-02-23 | Common Stock | F | 738 | $31.86 | Disposed | 104016 | Direct |
| 2023-02-23 | Common Stock | M | 6400 | $15.270 | Acquired | 110416 | Direct |
| 2023-02-23 | Common Stock | F | 3067 | $31.86 | Disposed | 107349 | Direct |
| 2023-02-23 | Common Stock | M | 16000 | $11.675 | Acquired | 123349 | Direct |
| 2023-02-23 | Common Stock | F | 5863 | $31.86 | Disposed | 117486 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-23 | Stock Option | $4.375 | M | 2000 | Disposed | 2027-12-14 | Common Stock (2000) | Direct |
| 2023-02-23 | Stock Option | $7.345 | M | 3200 | Disposed | 2028-10-01 | Common Stock (3200) | Direct |
| 2023-02-23 | Stock Option | $15.270 | M | 6400 | Disposed | 2029-10-27 | Common Stock (6400) | Direct |
| 2023-02-23 | Stock Option | $11.675 | M | 16000 | Disposed | 2030-02-11 | Common Stock (16000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $22.495 | 2031-10-18 | Common Stock (100000) | 100000 | Direct |
| Stock Option | $26.940 | 2032-08-24 | Common Stock (10000) | 10000 | Direct |
Footnotes
F1: Represents shares owned by the reporting person and used to pay exercise price.
F2: Currently exercisable.
F3: Currently exercisable to the extent of 6,400 shares. Exercisable to the extent of 1,600 shares on October 28, 2023.
F4: Currently exercisable to the extent of 16,000 shares. Exercisable to the extent of 4,000 shares on February 12, 2024.
F5: Exercisable, cumulatively, at 20% per year commencing October 19, 2021.
F6: Exercisable, cumulatively, at 20% per year commencing August 25, 2022.
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